Which statement is correct? Muliple choice Cash dividends and stock repurchases are treated equally for tax purposes. In total dollars, cash dividends outweighed stock repurchases for the period 2003-20t3. Many firms either ceased paying or decressed their dividends per thare in response to the 2003 change in dividend taxation. Firms tend to prefer cosh dividends over share repurchases for their fiexibility and tax benefits A non dividend poying firm is more opt to do a stock repurchase than to commence poying dividends